GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Towne Bank (NAS:TOWN) » Definitions » Dividends per Share

Towne Bank (Towne Bank) Dividends per Share : $0.98 (TTM As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Towne Bank Dividends per Share?

Towne Bank's dividends per share for the three months ended in Dec. 2023 was $0.25. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.98. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.64. As of today, Towne Bank's Dividend Yield % is 3.71%.

During the past 12 months, Towne Bank's average Dividends Per Share Growth Rate was 10.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Towne Bank was 70.30% per year. The lowest was 1.80% per year. And the median was 9.70% per year.

For more information regarding to dividend, please check our Dividend Page.


Towne Bank Dividends per Share Historical Data

The historical data trend for Towne Bank's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Towne Bank Dividends per Share Chart

Towne Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.72 0.78 0.89 0.98

Towne Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.23 0.25 0.25 0.25

Competitive Comparison of Towne Bank's Dividends per Share

For the Banks - Regional subindustry, Towne Bank's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Towne Bank's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Towne Bank's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Towne Bank's Dividend Yield % falls into.



Towne Bank Dividends per Share Calculation

Dividends paid to per common share.


Towne Bank  (NAS:TOWN) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Towne Bank's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.25/ 0.391
=0.64

During the past 13 years, the highest Dividend Payout Ratio of Towne Bank was 0.45. The lowest was 0.26. And the median was 0.35.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Towne Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-03-272024-03-292024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-12-282023-12-292024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-09-282023-09-292023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-06-292023-06-302023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Towne Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1/26.92
=3.71 %

Current Share Price is $26.92.
Towne Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.

During the past 13 years, the highest Dividend Yield of Towne Bank was 4.52%. The lowest was 1.47%. And the median was 2.47%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Towne Bank Dividends per Share Related Terms

Thank you for viewing the detailed overview of Towne Bank's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Towne Bank (Towne Bank) Business Description

Traded in Other Exchanges
N/A
Address
5716 High Street, Portsmouth, VA, USA, 23703
Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.

Towne Bank (Towne Bank) Headlines

From GuruFocus

TowneBank Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 06-24-2022

Townebank Announces Quarterly Cash Dividend

By sperokesalga sperokesalga 02-22-2023

TowneBank Reports Second Quarter 2023 Earnings

By Marketwired 07-27-2023

TowneBank Promotes Morrison and Miller

By Value_Insider Value_Insider 10-13-2022

TowneBank Announces Quarterly Cash Dividend

By PurpleRose PurpleRose 08-24-2022

TowneBank Announces Quarterly Cash Dividend

By PurpleRose PurpleRose 07-14-2022

TowneBank Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 06-14-2022

TowneBank Announces Timing of Closing of Farmers Bank Merger

By Value_Insider Value_Insider 12-16-2022

TowneBank Announces CEO Transition

By GuruFocusNews GuruFocusNews 01-27-2022